Wednesday, August 29, 2012

Obama rewards friends and punishes enemies. This is what I call Third World "Afrocentric" politics..that Obama and his father are used to.

On energy, Obama rewards friends and punishes enemies. This is what I call Third World "Afrocentric" politics..that Obama and his father are used to. Chicago helped fine this to a n evil science. This November it must stop!

August 23, 2012 | 8:00 pm

On the eve of the 2010 midterm elections,
President Obama accidentally summed up his governing philosophy in an
interview with Univision: "[W]e're gonna punish our enemies, and we're
gonna reward our friends ..."This is the cornerstone of politics in
Obama's adopted hometown of Chicago. It is also one of the few promises
Obama has actually kept.

Just look at the Obama administration's
treatment of utility giant Exelon Corp., which has had Illinois'
legislature (and especially Obama's old state Senate mentor, Emil Jones)
wrapped around its finger for years. An Exelon lobbyist once referred
to the company as "the president's utility." One of Obama's top
fundraisers sits on Exelon's board. Obama's top political adviser, David
Axelrod, worked as an Exelon consultant. Obama's former Chief of Staff
Rahm Emanuel helped create the company through a merger when he was an
investment banker. Exelon is one of Obama's oldest "friends."As such, Obama has rewarded Exelon with a $200
million stimulus grant from the Energy Department, a $646 million loan
from the Treasury Department and favorable regulations from the
Environmental Protection Agency.Obama gave similar friendly treatment to the
Carlyle Group, a private equity firm whose board members have received
U.S. ambassadorships from Obama. When the United Steelworkers union
needed more than $200 million to save a Philadelphia oil refinery, Obama
worked with Carlyle to waive EPA emissions requirements for the plant.
Without the special regulatory treatment, Carlyle never would have
invested the money.Meanwhile, in Texas, Obama was busy trying to
punish his enemies. His EPA's Cross-State Air Pollution Rule would have
inflicted $2.7 billion in economic costs on the 28 states that produce
the vast majority of electricity in the United States. Thankfully, the
Fifth Circuit Court of Appeals has intervened. In their opinion throwing
out the new rule this week, the judges said Obama's EPA was "reluctant
to acknowledge any textual limits on its authority."Obama wants Americans to believe the
foundation of America's economic success comes from all the roads and
bridges that government builds. He's wrong. America's economic miracle
came from our 200-plus-year commitment to economic fairness and the rule
of law. Obama's energy agenda is a testament to how his administration
is undermining the foundation of America's economic growth.At every turn, Obama has favored some firms
(Solyndra, Exelon, Carlyle, Duke Energy, etc.) while simultaneously
punishing others (coal plants, oil companies, the natural gas extraction
industry, transportation firms, etc.). There is a phrase for Obama's
economic policies: "crony capitalism."Warning America not to go down the same path
his native Italy has chosen, economist Luigi Zingales recently advised:
"For the U.S., the moment to act is now, before the cancer of crony
capitalism metastasizes. ... [W]e must curb the political power that
large industry incumbents have over legislation. Not only does it
distort legislation, it also forces new entrants to compete on lobbying
instead of concentrating on making more innovative and cheaper
products."As a candidate, Obama promised to change how business was done in Washington. In office, he has done so by making it worse.

ABOUT THIS BLOG

I AM A FEROCIOUS CONSERVATIVE
CONSERVATIVE RIGHT WINGER UNDERGROUND... IN EXILE IN AMERICA !
I AM AN UNRELENTING FEROCIOUS CONSERVATIVE:
Ferocious = (fə-rō'shəs) “Marked by unrelenting intensity; to the extreme”
Conservative = (kən-sûr'və-tĭz'əm) “A political philosophy or attitude emphasizing respect for traditional institutions and distrust of government activism”
My page is a place for Unrelenting Ferocious Activist Conservatives across our country to gather and discuss and plan our next moves. I am tired of sitting around and playing “nice” while the Progressive Liberals have spent the last 50 years attacking and denigrating our values and our beliefs while our side sits around and tries real hard to be accommodating and “Nice”! (Political Correctness!) NO MORE!!
AS AN UNRELENTING FEROCIOUS CONSERVATIVES. I WILL ATTACK BACK!